Treasuries fell in the longest losing streak this year as the economy showed more signs of strength, prompting speculation the Federal Reserve may start to slow the pace of its monetary stimulus.
Treasuries declined after a measure of consumer confidence in May reached an almost six-year high and an index of leading economic indicators topped forecasts, as Federal Reserve officials debate the pace of asset purchases.
Ferrari’s Fernando Alonso won the Chinese Grand Prix to give the 2013 Formula One world championship different winners from the first three races.
Michael Schumacher may not be back to his best but he’s getting closer.
Michael Schumacher ’s record seven Formula One championships lured Swiss luxury retail brands when he made a comeback last year. They’re still waiting for him to get his form back.
Michael Schumacher, Formula One’s seven-time champion, will quit the auto racing series after this season.
Red Bull’s Mark Webber took pole position for tomorrow’s Monaco Grand Prix as Mercedes’ Michael Schumacher, who had today’s fastest qualifying time, was penalized for a crash in the previous race.
The Mercedes Formula One team hired Lewis Hamilton to replace seven-time champion Michael Schumacher next season.
Record seven-time Formula One champion Michael Schumacher isn’t always comfortable at the wheel. He gets motion sickness in racing car simulators.
Seven-time Formula One champion Michael Schumacher said he accepts the punishment imposed by race officials after a maneuver that rival driver Rubens Barrichello said could have killed him.
"I did not think about a podium, not even at the end of the race."
- Michael Schumacher on Jun 24, 2012